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Math Who Needs It
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1) The career I have chosen is: baseball player. I have chosen this career because itz is fun and they get a lot of money and money per game
2) My yearly income is: 1100 After a 30% deduction for taxes I have $33,000
3) My monthly income (divide by 12): $91.666
4) Identify the expenses for one month. Luckily your job includes a benefits package with health and life insurance.
Monthly expense planning chart:
Expense
Choice #1
Choice #2
Total Cost
Rent
1 Bedroom = $800.00
2 bedroom = $1000.00
$1000.00
Phone
House = $40.00
Cell = $50.00
50.00
Electric
$80.00
$80.00
Cable/Internet
Basic = $45.00
Advanced = $90.00
$90.00
Heat
Included in Rent
---
Car Payment
Basic = $300.00
Luxury = $500.00
$300.00
Car Insurance
$100.00
$100.00
Gasoline
$120.00
$120.00
Credit Cards
$125.00
$125.00
Food
$75-$150+
$100.00
Student Loans
4 year = $200
Grad School = $300.00
Medical School = $400.00
$200.000
Miscellaneous Cash
$400
$400.00
Monthly Savings Planning Chart
:
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2) My yearly income is: 1100 After a 30% deduction for taxes I have $33,000
3) My monthly income (divide by 12): $91.666
4) Identify the expenses for one month. Luckily your job includes a benefits package with health and life insurance. Monthly expense planning chart:
Medical School = $400.00
Monthly Savings Planning Chart: